1. Chapter 17 Property Transactions: §1231 and Recapture Provisions Individual Income Taxes© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated,…

1. Chapter 16 Property Transactions: Capital Gains and Losses Individual Income Taxes© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated,…

2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Individual Income Taxes1Chapter…

Slide 1 Individual Income Taxes C16-1 Chapter 16 Property Transactions: Capital Gains and Losses Property Transactions: Capital Gains and Losses Copyright ©2009 Cengage…

Chapter 11 1. The amount realized is the sale proceeds less the adjusted basis. True False 2. Generally, the amount realized is everything of value received in a sale less…